The Facts: Following up on a previous item. ... The Packers currently have Rodgers on a year-to-year arrangement, given the dynamics of his contract. By not restructuring it, the Packers continue to have one-season-at-a-time flexibility with Rodgers.
Diehards Line:
According to PFT's Mike Florio, that's the biggest takeaway from Monday's news that the Packers and Rodgers were discussing a restructuring and Tuesday's news that he was paid a $6.8 million roster bonus. If his 2021 compensation had instead become a $1.075 million base salary with the rest paid out as a signing bonus, the Packers could have created maximum 2021 cap space at no expense. Adding a pair of voidable years would have spread the allocation over five years, making the 2021 cap number as low as possible. A restructuring remains possible with his $14.7 million base salary. Removing the $1.075 million and converting the $13.625 million base salary into a signing bonus, $10.9 million in cap space would be created. Again, Rodgers benefits from such a transaction, since it will make it harder for the Packers to trade him next year. Whether and to what extent a restructuring happens could become an important clue regarding whether the Packers will retain an easier path to deciding that the Jordan Love era should commence in 2022, the third season of his NFL career.